Secuve Co., Ltd. (KOSDAQ: 131090)

Secuve Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Operating Revenue	13,878	13,703	13,198	14,714	18,217	13,950
Other Revenue	-0	-0	-	-	-	-
Revenue	13,878	13,703	13,198	14,714	18,217	13,950
Revenue Growth (YoY)	-2.38%	3.82%	-10.30%	-19.23%	30.58%	-8.58%
Cost of Revenue	1,886	1,973	2,162	3,854	6,366	6,471
Gross Profit	11,992	11,729	11,037	10,860	11,851	7,480
Selling, General & Admin	3,317	2,540	2,441	2,857	3,130	2,703
Research & Development	3,704	3,533	2,778	3,040	2,463	1,631
Other Operating Expenses	60.8	57.56	52.88	51.32	59.72	55.61
Operating Expenses	7,404	6,425	5,539	6,643	6,801	5,193
Operating Income	4,588	5,304	5,498	4,217	5,050	2,287
Interest Expense	-1.94	-1.94	-3.37	-5.59	-6.32	-
Interest & Investment Income	371.46	371.46	195.16	109.68	147.28	141.95
Currency Exchange Gain (Loss)	31.58	31.58	74.71	-26.91	18.09	8.84
Other Non Operating Income (Expenses)	584.68	34.88	5.04	-754.7	-41.69	245.29
EBT Excluding Unusual Items	5,574	5,740	5,769	3,539	5,167	2,683
Gain (Loss) on Sale of Investments	-22.78	-22.78	-	-	-	-
Gain (Loss) on Sale of Assets	0.13	0.13	-4.06	79.88	-	-
Asset Writedown	-	-	-	-2,090	-	-
Pretax Income	5,551	5,718	5,765	1,530	5,167	2,683
Income Tax Expense	847.41	874.8	877.22	-1,010	21.43	85.79
Earnings From Continuing Operations	4,704	4,843	4,888	2,539	5,146	2,597
Earnings From Discontinued Operations	2.48	-16.93	-28.25	-8.62	-	-
Net Income to Company	4,706	4,826	4,860	2,531	5,146	2,597
Minority Interest in Earnings	-	-	-	-	-	0.14
Net Income	4,706	4,826	4,860	2,531	5,146	2,597
Net Income to Common	4,706	4,826	4,860	2,531	5,146	2,597
Net Income Growth	-10.33%	-0.70%	92.03%	-50.82%	98.14%	-16.48%
Shares Outstanding (Basic)	41	41	41	41	41	41
Shares Outstanding (Diluted)	41	41	41	41	41	41
Shares Change (YoY)	-0.39%	-0.01%	-0.01%	-0.01%	-0.01%	5.89%
EPS (Basic)	115.20	117.67	118.48	61.69	125.43	63.30
EPS (Diluted)	115.20	117.67	118.48	61.69	125.43	63.30
EPS Growth	-9.98%	-0.69%	92.06%	-50.82%	98.16%	-21.13%
Free Cash Flow	4,623	6,270	4,466	4,367	5,427	2,560
Free Cash Flow Per Share	113.16	152.88	108.88	106.46	132.27	62.40
Dividend Per Share	25.000	25.000	-	-	-	8.537
Gross Margin	86.41%	85.60%	83.62%	73.80%	65.05%	53.62%
Operating Margin	33.06%	38.71%	41.66%	28.66%	27.72%	16.39%
Profit Margin	33.91%	35.22%	36.82%	17.20%	28.25%	18.62%
Free Cash Flow Margin	33.31%	45.76%	33.84%	29.68%	29.79%	18.35%
EBITDA	4,978	5,638	5,798	4,900	5,714	2,870
EBITDA Margin	35.87%	41.14%	43.93%	33.30%	31.37%	20.57%
D&A For EBITDA	389.3	333.27	300.23	683.13	664.38	582.91
EBIT	4,588	5,304	5,498	4,217	5,050	2,287
EBIT Margin	33.06%	38.71%	41.66%	28.66%	27.72%	16.39%
Effective Tax Rate	15.26%	15.30%	15.22%	-	0.41%	3.20%
Advertising Expenses	-	60.08	60.39	32.41	41.98	21.43

Source: S&P Capital IQ. Standard template. Financial Sources.